News

Release Time: 10:00 AM, July 29, 2025 Author: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market continues its upward trend, surpassing the old peak of 1,536 points with improved liquidity, indicating positive capital flow spread. However, profit-taking supply at high levels may cause contention, potentially slowing the upward momentum if selling pressure continues to increase.

• US Market: The US market started the week with the S&P 500 (+0.02%) closing at a sixth consecutive historical high, while the Nasdaq rose +0.33% to a new high, and the Dow Jones slightly adjusted down by -0.14%. The momentum came from the US-EU trade agreement, including the expected 15% tariff, which eased economic concerns. Capital flowed into the technology sector (due to strong earnings expectations from "Big Tech") and energy, while real estate and materials faced pressure. The trading session was quite cautious as investors awaited major earnings reports and the Fed's monetary policy decision this week.

2. Forex:

• USD/JPY is in a short-term downtrend today; short positions can be considered. Daily resistance: 148.700.

• AUD/USD is in an uptrend; long positions can be considered. Daily support: 0.65120.

3. Gold:

• Spot gold is currently at $3,318.79/ounce, having just touched a three-week low.

• US gold futures slightly rose ~0.2% to $3,317.50/ounce.

• Summary: Gold remains stable in the $3,318–$3,320/oz range, experiencing a slight decline due to eased risk sentiment following the US-EU trade agreement and a strong USD appreciation.

4. Oil:

• XTI/USD's main trend is unclear, but the short-term intraday trend is upward. Resistance: 68.00, Support: 66.00.

5. Bitcoin:

• Current price is around $117,843, down approximately -1.46% from the previous session (via financial widget).

• Previously, BTC temporarily dropped below $118,000, recording a daily range of $117,493 – $119,590, reflecting institutional selling pressure and minor technical adjustments ([turn0search5], widget).

• Summary: Bitcoin adjusted by ~-1.3% during the day, remaining around the $117–$118k USD level, reflecting cautious investor sentiment after its previous rally.

RECOMMENDATIONS:

1. USD/JPY:

• Short-term downtrend

• Sell at 148.436, stop loss 148.736, take profit: 147.836
  

2. Vietnam Stock: VCB

• Recommendation: BUY VCB (July 29, 2025)

• Entry Price: 62,200 - 63,000 VND

• Target 1: 67,000 VND

• Target 2: 72,000 VND

• Stop Loss: 60,400 VND
  

TODAY'S NOTABLE EVENT:

• 9:00 PM - USD: JOLTS Job Openings

DISCLAIMER:

• The above opinions represent only the personal views of analyst Leon from Lotus and should not be taken as a basis for actual market participation.

• Lotus only provides technical trading analysis and trading knowledge training for students.

• Lotus does not represent any securities company or asset management company.

• Lotus does not manage students' funds.